Meridian Business Village, Woodend Avenue, Hunts Cross, Liverpool L24 9LG

Meridian Business Village, Woodend Avenue, Hunts Cross, Liverpool L24 9LG

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  • Multi-let office park investment

  • Prominently located close to Liverpool John Lennon Airport

  • 22 unit business park extending to 43,553 sq ft on a site of 2.62 acres

  • 91% occupancy

  • Modern accommodation constructed in 2007/8

  • Freehold

  • The property currently produces £378,071 per annum, which equates to just £8.68 psf

  • AWULT to expiry of 3.7 years (2.3 years to break)

  • ERV of £458,779 per annum equating to just £11 psf

  • Excellent break up potential to maximise value

  • We are instructed to seek offers in excess of £3,750,000 (STC),which reflects the following yield profile:-

  • 9.46% NIY

  • 11.49% Rev Yield

  • Low capital value of just £86 psf

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